Darling longer term outlook favorable, says BMO Capital After meeting with Darling's management, BMO Capital believes that the company's sales volume after the summer and through 1H13 will be more favorable than expected. The firm thinks the company has several long-term opportunities and maintains a $21 target and Outperform rating on the shares.
News For DAR From The Last 14 Days
Check below for free stories on DAR the last two weeks.
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: Ametek (AME) upgraded to Buy from Neutral at Citigroup... IAMGOLD (IAG) upgraded to Buy from Hold at Canaccord... Lowe's (LOW) upgraded to Buy from Neutral at ISI Group... lululemon (LULU) upgraded to Buy from Neutral at Sterne Agee... Myriad Genetics (MYGN) upgraded to Buy from Neutral at Mizuho... Orion Marine (ORN) upgraded to Outperform from Market Perform at FBR Capital... Trex Company (TREX) upgraded to Buy from Hold at BB&T... U.S. Auto Parts (PRTS) upgraded to Buy from Neutral at Roth Capital... Electronic Arts (EA) upgraded to Neutral from Sell at Monness Crespi... Electro Scientific (ESIO) upgraded to Buy from Hold at Noble Financial... Darling (DAR) upgraded to Buy from Hold at Maxim... J.C. Penney (JCP) upgraded to Hold from Sell at Maxim... Louisiana-Pacific (LPX) upgraded to Neutral from Underperform at DA Davidson... Grupo Televisa (TV) upgraded to Overweight from Equal Weight at Morgan Stanley... Marathon Oil (MRO) upgraded to Outperform from Neutral at Macquarie... Sibanye Gold (SBGL) upgraded to Overweight from Neutral at JPMorgan... Carrols Restaurant (TAST) upgraded to Strong Buy from Outperform at Raymond James.
Darling upgraded to Buy from Hold at Maxim Maxim upgraded Darling with a $23 price target ahead of the company's Q1 results on May 9. The firm sees upside in shares from increased pricing of finished goods and the company's Green Diesel joint venture manufacturing facility.
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